MoneyGram International has unveiled its launch of a non-custodial digital wallet. The wallet, scheduled to debut in the first quarter of 2024, will offer users worldwide a seamless transition between fiat and digital currencies, all under the trusted MoneyGram brand. It aims to revolutionize cross-border payments and facilitate secure peer-to-peer transactions.
Key features of the wallet include the capacity for users to convert their digital assets into cash at participating MoneyGram locations. Furthermore, users can transfer digital assets to other wallet users effortlessly.
The forthcoming non-custodial digital wallet will leverage the Stellar network and MoneyGram’s fiat on and off-ramp services, seamlessly integrated with Stellar. This marks a significant milestone in MoneyGram’s ongoing mission to provide innovative and secure financial services to a global audience.